Logistic Regression Models a Linear Relationship Between a Continuous Predictor

question 6

Multiple Choice

Logistic regression models a linear relationship between a continuous predictor variable and

• A)the probability that a dichotomous outcome takes on a particular value
• B)the odds that a dichotomous outcome takes on a particular value
• C)the log‐odds that a dichotomous outcome takes on a particular value
• D)logistic regression cannot include continuous predictor variables

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Definitions:

Labor Market

The marketplace in which employers find workers and workers find jobs, characterized by supply and demand for labor.

Firms Lay Off

A situation in which companies reduce their workforce due to financial constraints, lack of work, or restructuring processes.

Poverty Rate

The proportion of a population living below the national poverty line, indicating the percentage of people experiencing economic hardship.

Official Poverty Line

The minimum level of income deemed necessary to achieve an adequate standard of living in a given country, used to identify individuals and households in need of assistance.